jain.com

Corsicana capital cost per IT MW

Company: Riot

Subject kind
guidance
Statement date
2026-11-09
Promised amount
6000000.0 USD/MW
Current status
stated

The claim, verbatim

Total capital costs for the Corsicana development are about $6 million per IT megawatt, roughly half the capital of a Tier 3 build.

Source (primary)

Riot Platforms signs 910MW agreement with unnamed frontier AI lab (-, news_article)
View cached copy (2026-11-10)Live source ↗Archive.org ↗

Quote: “With total capital costs of approximately $6 million per IT megawatt, the Corsicana development will require about half the capital of a Tier 3 build”

How we checked this

Checked on November 11, 2026. The cited source supports every part of this claim.

The article quotes Riot CEO Jason Les giving both the per-megawatt cost and the comparison with a Tier 3 build.

Confirmed in the source:

What we did: Read our cached copy of the publisher (https://www.datacenterdynamics.com/en/news/riot-platforms-signs-910mw-agreement-with-unnamed-frontier-ai-lab/) in full (8,709 characters, retrieved November 10, 2026) and checked each assertion in the claim against it.

Additional evidence

confirms Riot Platforms signs 910MW agreement with unnamed frontier AI lab

Quote: “With total capital costs of approximately $6 million per IT megawatt, the Corsicana development will require about half the capital of a Tier 3 build”

View cached copy (2026-11-10)Live source ↗Archive.org ↗

confirms Riot Platforms signs 910MW agreement with unnamed frontier AI lab - Data Center Dynamics

Quote: “With total capital costs of approximately $6 million per IT megawatt, the Corsicana development will require about half the capital of a Tier 3 build”

View cached copy (2026-11-10)Live source ↗Archive.org ↗